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that will improve their schools and education? once again, the teachers' unions say no. we await word from a judge in a key case on this very issue. >>> but first up, we'll look at the economy, stocks and the federal reserve. a quick note on the economy, a 2.7% gdp revision today. it looks okay on the outside. stronger housing investment, i like that. decent corporate profits, i like that a lot. there was's big business inventory bulge. that will -- consumer spending weaker than many expected growing just 1.4%. finally most importantly and difficult, business investment fell. equipment software fell, building structures fell, we've seen some lousy numbers on the durable goods and manufacture odds, it's a very bad sign that business is not in good shape. not in recession, but kind of this 1.5 to 2% thing that's driving me crazy. >>> let's turn to the fed a front-page "wall street journal" story suggests that maybe more fed stimulus may be coming. the question -- do we need it. here is lee hoskins. lee, welcome back. do we need more federal reserve stimulus? >> well, no, larry, we don't. how many ti
for college education as well. >> dealing with the mortgage interest deduction would hurt the middle class. >> if you take it in isolation. it depends how you balance it off. the rubric for us is, in has to be balanced. it has to be fair. it has to be comprehensive. it should be on the table to be discussed. we do not think that randomly you can pick things out, without understanding the unintended consequences that would provide. >> on the mortgage interest deduction -- i have a bill setting out there, trying to garner some republican support, that takes away the mortgage interest deduction for yachts that count as second homes. mr. larsen is talking about a schoolteacher trying to make sure it is affordable to buy a home, while there is a mortgage interest deduction available to people who buy yachts. that is coming from the person who represents the land of 10,000 lakes. i do not see a yacht in minnesota. that is the type of reform we are talking about. instead of signing on for that, they come to the middle class. that is where the frustration and fairness lies. >> we have heard from y
more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> have you joined the "politicsnation" conversation can on facebook yet? we hope you will. today our facebook family loved this photo of president obama on his laptop tweeting during the twitter question and answer session about the fiscal cliff. hugh says, no one makes better use of technology than our president. and mindy says, she loves the presidential seal on the cover of the laptop. i agree, mcimi. we've got more of speaker boehner's offer. first, we want to hear what you think. head over to facebook and search "politicsnation" and "like" us to join the conversation that keeps going long after the show ends. playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. >>> we're back on "politicsnation" with more on speaker boehner's countero
teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. than a whole box of this other stuff... and that much freshness is gonna take some getting used to... [ sniffing ] yep. it's amazing what a single scoop of gain freshness can do. >>> to all the small business owners who are tired of the system rigged against them, we're going to hold the big guys accountable. >> welcome back to "the ed show." that's elizabeth warren of massachusetts who has been a true champion of holding the big guys accountable. they might be in for a rude awakening. warren will likely become a member of the banking committee. nothing is final until it's confirmed by caucus. warren will have influence over proposed regulations of wall street and the banking industry. it would be a perfect development for progressives in the country. elizabeth warren practically created the consumer financial protection bureau as part of financial reform. warren would be and has been a great choice to the agency. but republicans threaten to block it. lobby
childrens the kind of education that they need in the 21st century. i want america to lead the world in research and technology and clean energy. i want to put people back to work rebuilding our roads and bridges and our schools. and i want to do all this while bringing down our deficits in a balanced and responsible way. [ applause ] on this last point, you probably heard a lot of talk in washington and in the media about the deedlines that we're facing on jobs and taxes and investment. this is not some run-of-the-mill debate. this isn't about which political party can come out on top in negotiations. we've got important decisions to make that are going to have a real impact on businesses and families all across the country. our long-term goal is to get our long-term deficit under control in a way that is balanced and is fair and that would be good for businesses, for our economy, for future generations. and i believe both parties can and will work together in the coming weeks to get that done. we know how that gets done. we're going to have to raise a little more revenue, we've got
't been actually in-elected office for a while, but he's making education reform and viewers know what i think about that. he certainly is an interesting character. i keep thinking, won't the bush last name be a liability in this case? >> maybe. but you know what, i have to say, i also -- i don't agree with all of his policies, but i have to give him a lot of credit. for two years, he's been telling the republican party they have to be more moderate and tone it down in immigration and recalibrate and nobody listened to him. he was like the lone wolf out there. i also give him credit -- i don't agree with the policies, but he's been talking a lot about education in his reforms. he likes one of his pet topics is income and equality. you don't hear republicans talking about that. those are the things that will resonate with independent voters. actually, i did see a poll recently in miami herald that showed that jeb bush was more popular among hispanics. jeb bush was more popular than rubio. it goes to your point. if you have a great message and someone who connects with the electorate. it d
. it calls for the end of the chronic inequalities in our education system. it promotes economic growth from free enterprise because nothing has done more to lift people everywhere out of poverty. of all people i have ever known, jack kemp did more to personify and personalize this message. every problem does not to support -- disappear from the workings of the free market alone. i would love to say if we just went on the gold standard, it would all be settled. [laughter] americans are compassionate people. there is a consensus in this country about our obligations to the most vulnerable. those obligations are beyond dispute. the real debate is how best we can meet them. it is whether they are better met by private groups or government, voluntary action or government action. the truth is, there has to be a balance between the two. government must ask for the common good while leaving private groups free to do the work only they can do. there is a vast middle ground between the government and the individual. our families and our neighborhoods. the groups we joined and the places of worship. t
a good education by this very union. they will go on strike if you try to connect performance with reward. half the children in the schools, poor black and hispanics whose parents can not afford to put them in private schools which is what everyone else is doing, half of them drop out before they graduate. what of the ones who graduate are functionally illiterate. they will never get a decent job. >>eric: david, let's stay on the video. the teachers union puts this together and in the video they talk about the amount, the bailout, specifically, that money was spent to rich people bailed out rich bankers and the rich stock market. hopefully we have a full screen of this. look at money that came from that stimulus package that they reference in the video, the department of education, $53 billion. >>guest: it is going into the pockets --. >>eric: let me finish, special education $12 billion. and unemployment, additional insurance, the billions and billions and billions continue to go in but they point the finger at the rich, more class warfare. >>guest: these are socialists and they are expl
to educate him. and i am very passionate as many americans are about our second amendment rights, and so i was originally just trying to explain to him. i wasn't trying to be nasty. i was really trying to make him understand where this debate was coming from, and he backed me into a corner and so i came back with a musket. >> well, i think that musket thing was absolutely terrific. but i've got to ask you, i need some help here. i'm going on the piers morgan show tonight. we're going to talk about taxes and regulation spending. so i'm not going to tweet, carol. i'm actually going to be there signature across from him. what should i do? >> i think you'll be fine. piers kind of tends to go to the socialist side of things. he's from britain originally, and he doesn't understand the capitalist system all the time. so i think if you and i just keep educating him, keep explaining to him things like the second amendment, like the free enterprise system, like capitalism, i think eventually it will get through to him. >> how is free enterprise doing? how is free market capitalism doing? i'm kind of
... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >>> the fascination with taxes i paid i find to be very small-minlded compared to the broad issues that we face, but i did go back and look at my taxes. over the past ten years i never paid less than 13%. i think the most recent year is 13.6% or something like that. >> 13%. you know who would hate that? you know who would hate that mitt romney paid only 13% in income taxes? the guy who beat mitt romney's father in the campaign for president in 1968, right wing reactionary richard nixon. that's right. republican richard nixon who was as conservative as republicans got in those days hated the idea that rich people got away with paying little or no income taxes. he introduced a bill that would create a minimum tax that rich people would have to pay even if they had the giant package of deductions and loopholes like romney that got their tax liability down to zero. they had to pay something. the nixon idea w
while still being able to invest in things like education and research and development that are important to our growth and if we're going to protect middle class families, then we're going to have to have higher rates for the wealthiest americans, folks like me. >> white house correspondent dan loa lothian is in washington, d.c. this morning. so who has the ball? and whose court is it in at this point? >> reporter: first of all, we know that house gop had that counter offer, which white house spokesman jay carney has referred to as, quote, magic beans and fairy dust. we expect for republicans to put pressure on the white house to engage. in addition to that, to lock for whatever ways the white house might be able to look for cuts to entitlements. i think what's difficult now is to figure out exactly where the negotiations stand because from the white house perspective, they're saying that conversations continue, but there are house republican aids who are telling me that there are no phone conversations, no e-mails being exchanged. so it's difficult to tell how they ca
some jobs out there for some people and that's in infrastructure, education, job restraining. we've got to get people back to work. then, when they've got the money, they can go out and start buying things and the business community will respond by hiring more people. that's the stimulus that we need. we know that the last stimulus program worked. i don't care what the republicans say. the facts are there. the last stimulus worked. what we need now is to boost that. we need more spending right now. we need more spending right now to put people to work in the short term. you do that and you'll get the economy going again. >> when you look at where we have had like natural disasters, like hurricane sandy in the northeast and other things that have shown the need to rebuild the infrastructure -- i mean, when a hurricane can close down the biggest city in the country for a week and the new jersey coast, we're not talking about handouts here. we need to rebuild tunnels and bridges and highways and roadways. you would think that would be above partisan bickering. >> it's been said before, al,
for education and train science and research. >> any republican who buys this is a fool. republicans have stood for one thing statistically that held them. they are the low tax party. the other guys want to tax to match their reckless spending. if they give it up now in return for nothing, obama wins and high wins big. i understand why the democrats are doing this. they imagine that republicans have no bargaining power today . i say that it is true if republicans resist they will take the blame and that will help democrats in the congress. but obama's never running again. he doesn't care who gets the blame. he is the president and a blame duck. he wants a successful second term. if it starts by going over the cliff it starts with second recession and wrecked second term. >> steve: that's why the president said i would be willing to do anything to get a deal. >> gretchen: it is not a deal. this is what the american public needs to know. this is raising taxos successful people and reducing taxes on the middle class. that is not a deal folks. they will waste your taxpayer dollars and overspend and
would see places go down. we would see jobs come, we would see our kids educated better because we would have an invested understanding of it's about us being better, not about who's the weakest link, not about who's poor or rich, but about just making a -- that's it. host: this is bill in camden, illinois. independent line. caller: good morning, c-span. you know, it's really disastrous the way the government is handling. they want the taxes but they don't want to cut anything. and you can look at illinois and california as a prime example of what happens when you increase taxes and you don't cut spending. they should have a program where everybody under 50 on an entitlement program is trained for a certain occupation and once they're trained, if they're offered a job in that occupation and they turn it down, they lose their entight ltment, as long as it's not a real bad physical condition. the other thing is, we're creating generations of dependent people because we make it more enticing for them to stay on entitlements than to go out and find work. i mean, you can't make enough on mini
the level of services that allow their children to be educate and their mother and father remain in a nursing home and receive benefits and so see bridges and roads constructed and replaced. >> i want to talk about the history of how this argument has been made. it has been made in the past. we have amazing fdr sound making this case. bruce, hang out with us, if you would. back after this break. uh... um... hm... umm... uh... oh ! the windows phone 8x by htc on verizon. it features easy to navigate live tiles that are simple to customize. just pin what matters most right to your homescreen. exclusively with data sense-- a feature that makes the most of you plan. only on verizon. >> announcer: 'tis the season of more-- more shopping, more dining out... and along with it, more identity theft. by the time this holiday season is over, an estimated 1.2 million identities may be stolen. every time you pull out your wallet, shop online or hit the road, you give thieves a chance to ruin your holiday. by the time you're done watching this, as many as 40 more identities may be stolen. you
poverty. highlighting things like education are a path laid to burning the right to be heard. because a lot of communities are saying we just don't believe that you care about us. i think that having folks who communicate well is a ticket to making that hard battle happen. greg: i read his books and offense. your latest one, you revert to the republican party as hard wing conservatives. that they are being pushed into political relevance. >> yes, for example, the fight over the fiscal cliff is taking place between speaker boehner and the white house. they put republicans in the senate in a rare type of position where they are in the game, but they are not the leaders of the game. see what is going on in the senate in general. we're republicans should have the majority of the senate, if not highly ontological candidates were nominated by the party base. thinking of someone like richard murdoch in indiana. there's no reason the democrats should not hold that seat. they are putting republicans in the senate at a disadvantage. >> the other thing is that ted cruz is a tea party candidate,
you'd have a lot more talk about the need for education and health care and the things that allow people to thrive in their communities as opposed to, you know, fighting over i don't want to pay any taxes, i want to grab all the money i can and run away with it. i mean, it's -- i think if you had more women making these decisions, the conversation would be much more about what it is that ordinary families need in order to thrive. >> terry o'neill, president of n.o.w., thank you so much. >>> now from politics to pot. washington and colorado voted to legalize it on election day. so are we finally nearing a truce in the war on drugs? that's next. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a m
, because i think both of them -- paul ryan is talking about poverty. marco rubio is talking about education so not two typical what we would traditional republican issues, taxes and those sorts of things. this is an attempt by both men, i think, and a chance for both men to expand on what it means to be a member of the republican party and to try to broaden an appeal we saw in the 2012 election is just not broad enough particularly among hispanics. they are problems with women and young people. rubio is 41 and ryan is 42 years old who are leading a youth movement that the party hopes will change that appeal, correct their demographic problems and it starts even though the election is a month old, it starts today. >> i would put bobby jindal in that group as well. >> absolutely. >> we have chris christie here today testifying in congress about aid for victims of superstorm sandy. clearly, he's got an interest in 2016, and then there's jeb bush. aa number of the people you just mentioned have very interesting ideas about immigration and about expanding the universe of the party. not all of th
it's war and peace, whether it's education, whether it's the hard issues, the soft issues, we belong in the room. so i do feel good -- >> but -- >> yes, i feel good and i'm excited to welcome all those women. remember, i went on your show, it kind of made you crazy and said, please have me on and talk about the fact that 2012 could be the year of the women. you let me do that. we had win with women and you let me publicly size that and i'm very grateful -- >> and you came through. but before we go, we still have had probably some of the most restrictive and in my opinion, the most reactionary movement against women's right. for example, mississippi's only abortion clinic could be forced to close in january because of restricted regulations that force doctors to secure hospital privileges. now, let me ask you this, the attacks on women's rights, which has been unprecedented, as i said. after the election and the defeat of many of those extreme voices, has the attacks lessened and are you still very concerned about women's rights being taken for granted? or being taken away? >> yeah, i
retired educators in california who had pensions of more than $100,000 a year, okay. that's 700,000 of them in 2005. in 2011, there were 5,400 retired educators who had pensions of over $100,000 a year. >> greta: california is in deep trouble. >> deep trouble. >> i don't think in this country people are ever going to work towards solving these problems when we do these hits on different people. i mean, this is like the rich are so bad, they're urinating on the poor. >> yeah. >> greta: you know, no matter how we resolve or how we work towards resolving things, when you declare war. >> it's really inflammatory and ataghtattracts a lot of attenti. it was narrated by ed asner, by the way, the liberal actor. it obscures the fact of how wealthy the unions are. from the city journal article, in the last decade, the teachers unions spent more on politics in the last decade than the oil industry and the pharmaceutical industry and the tobacco industry combined. >> greta: don't they worry with the bad situation economically in california, and they're in a really tough situation, don't you
. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> for this gratitude i offer you this simple phrase. god bless us everyone. and for my family to yours, merry christmas. >> that was house speaker john boehner earlier tonight lighting the capitol christmas tree but the house holiday cheer stops right there. as john boehner fights over the fiscal cliff with democrats and the president, he is cracking down now on some house conservatives that he thinks are a bit too free spirited. john boehner kicked two republicans off the house budget committee. he got rid of another two on the financial services committee. all four voted against the 2011 debt ceiling deal. the two on the budget committee voted against paul ryan's budget. the chairman of the budget committee. speaker boehner issued these punishments with the full support of the republican leadership including the majority leader eric cantor and majority whip kevin mccarthy. jonathan capehart, this is fascinat
in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> we're back with tonight's outer circle where we reach out to our sources around the world and go to cairo where three advisers to morsi have stepped down. demonstrators set fire today to offices of the muslim brotherhood. >> reporter: president morsi thought he was going to have a cake walk to the nationwide referendum on december 15st on the constitution he was mistaken. at least three of his advisers resigned tonight as opposition factions continue to put on the pressure against the president and this time, things got ugly and violent in front of the presidential palace. that's where you had supporters of the president and opponents of the president facing off in what started as a stare down and then evolved into an all out brawl. two sides were clash iing by throwing rocks, debris, even molotov cocktails. police came in at one point and broke up some of the clashes. others continued throughout the night. now, the question, will the vote take place or will the president back down? >> o
transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >>> welcome back to "the ed show." thanks for watching tonight. now, let's put this all into context here. fiscal cliff negotiations, don't you think they wouldç proceed lot faster and smoother if both sides were really dealing with reality? but, you see, the republicans, they simply are not. house speaker john boehner and senate minority leader mitch mcconnell have spent years catering to the base that believes, let's say, president obama's a socialist, and the united nations wants to take your disabled child right out of your home. they have votes to back it up, folks. this pitiful display of most senate republicans on the disability treaty showed once again just how far they are, and how far they are removed from reality. one democratic senator told me yesterday his office was actually getting calls from constituents with disabled children wanting to know if the u.n. would remove their children from thei
i've had so much support from my family, my friend, my educational background, so, you know, i think it's just i culmination of a ton of different things you can't really pinpoint but all i can do is just thank god i'm here. >> i leave you still have hooks for your hands, but are you going to be moving towards getting, you know, a real hand replacement, a prosthetic? >> i hope so. i've been doing a lot of research and there's really, really cool stuff on the market. there is a mioelectric hand i'm very interested in. it can produce several different grasps, almost mimicking a real hand. so, i'm definitely interested in getting that. right now, however, what i'm most interested in is getting out of the wheelchair because that does restrict a lot of my mobility. what i'm focusing on now is actually making the left leg. i'm been talking to my prosthetist about it. hopefully tomorrow we'll be making the mold of my left leg. and once that leg is is completed, my next priority will be getting some better functioning hands. >> what you had to overcome is is so incredible. are you to relearn
achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. for a professional cleansing device? join the counter revolution and switch to olay pro-x. get cleansing results as effective as a $200 system. guaranteed or your money back. olay pro-x. [ male announcer ] marie callender's puts everything you've grown to love about sunday dinner into each of her pot pies. tender white meat chicken and vegetables in a crust made from scratch. marie callender's. it's time to savor. >>> welcome back to "the ed show." thanks for watching tonight. now, let's put this all into context here. fiscalff negotiations, don't you think they would proceed a lot faster and smoother if both sides were really dealing with reality? but, you see, the publicans, they simply are not. house speaker john boehner and senate minity ader mitch mcconnell have spent years catering to the base that believes, let's say, president obama's a socialist, and the united nations wants to take your disabled child right out of your home. t
approach issues on appropriation like education and health care and building in infrastructure, rebuilding our schools, dealing with the environment, our perspective is absolutely essential. so you may have women in congress, a couple, but what really matters is to have women at the table so that our perspectives, our lifetime of experience can be reflected in the work we do. >> you've been at the table for a while but your influence is obviously increasing. tell me where you stand on fiscal cliff. what's going to happen here, congresswoman? >> well, i am hoping because i'm the kind of person that always worked across the aisle. in fact on my foreign-ones committee, kay granger and i have been called the odd couple, we work well together. i've spoken to hal rodgers, chairman of the appropriations committee, i'm optimist being that we can sit at the table and get these things done. comprehensive tax reform is going to take longer, but we can make sure that the middle class keeps its tax cuts. we can make sure we target some waste. you can have across-the-board cuts. we have to have a very c
. that is deviating away from what the real problems in education are. if you know that finland has the number one school system in the world and part of that process is making the standards so rigorous and they only the best of the best and same time they pay significantly more for teachers and once they earned that title. they earned complete autonomy over the class roommate. part of the problem we have so much regulation and mandates and we are dictated to how to teach in our classrooms. what is the point in making standards when we don't have the option to use professional judgment as it am is. >> steve: thank you very much for joining us on the wednesday morning from beautiful orlando, florida. thank you. >> thank you for having me. >> gretchen: we have a hypochrissy alert. remember michael moor's latest ovie bashing tax rate breaks. >> steve: and a big secret and writing a letter to his younger self as a warning for others not to do the same thing. coach k will reveal that letter with brian next on "fox and friends" ♪ ♪ than that though, there's a kick to it. wahlalalalallala! smooth, bu
that storm. it actually created jobs. and when it comes to our schools, we're not investing in education so that tomorrow we could be innovative to create new innovative platforms that could weather the next one if there is to be one. so we could learn from what's happening now to protect us in the future and that is education and investing in science, technology, engineering, mathematics and schools. >> there's speculation that you'll be doing a tv show to find the next steve jobs or the next bill gates for an example. you can really find the bill gates through a television program? >> you can find the next bill gates through a competition. whether the competition happens online, in a fair, on tv is not important. but the competition is important. the challenge and the ob kestac and tools is important. >> you talk a lot about fashion and technology and incorporating the two together and there seems like there's a lot of focus on that. >> like that scarf you have, it's nice. but other than keeping your neck warm it doesn't do anything else for you. and in this day and age, it can do a lot m
fund education. last year the california lottery contributed more than $1.1 billion to california schools. >> new this morning just hours ago lindsey lohan was arrested again. new york city police arrested her early this morning. they say she punched a woman in the face at a nightclub. here is new video of her. now she is facing charges of third degree assault. if she is charged with this crime it could trigger yet another probation violation. >>> two military veterans and their wives are filing a lawstrain crash in texas that happened during a veteran's parade. four veterans were killed, more than a dozen were hurt when a train slammed in to their parade float earlier this month. the lawsuit is siting gross negligence by the railroad company and by the driver of the float. >> a new online donation site is established by former high school classmates of two sisters killed in a horrible crash on black friday. the 24-year-old and 20-year-old died when their family's suv crashed into a parked chp cruiser on highway 101 in palo alto. two other sisters and the parents were injured. f
will not take our future. ♪ our weapons are testing... education, care and support. ♪ and aids... ♪ aids is going to lose. aids is going to lose. ♪ since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ together for your future. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. with two times the points on dining in restaurants,? you may find yourself asking why not, a lot. >> i am glad abo
to be recruited for work across the country. his innovative approach to education led him to develop a block format curriculum that emphasizes a student-centered active learning environment, allowing students to participate in experiencal education from the very beginning of their studies and complete their doctor al degree in just three years instead of the traditional four. making roseman one of the most affordable pharmacy schools in the nation. during his tenure, dr. rosenburg helped transform roseman of a local school of 38 students to a regional institution with over 1,000 and offering an array of quality programs in nursing, dentistry and business administration. mr. heck: as he prepared for retirement, i commend dr. rosenburg for his vision, innovation and commitment to offering students an affordable, state-of-the-art education that has and will benefit the state of nevada and the nation. thank you, mr. speaker, i yield back the balance of my time. the speaker pro tempore: the gentleman from nevada yields back. for what purpose does the gentleman from minnesota seek recognition? >>
out by the steam fitters. this is put out by the teachers unions. these are the people educating our children. these are the people in whose hands we place the future of our country. they are passion on things that aren't just dishonest. that people get rich from tax cuts. but beneath them, they are side. this is bad economics. it's horrifying that any teacher in a classroom today believes any of this. >> trickle down does not work. trickle up works. the president is putting money in the pockets of those who will spend it. that why he has done small business tax cuts. trickle down we learned since the 80s with reagan, it does not work. martha: when i was a kid i learned the preamble to the constitution by watching "schoolhouse rock." this is -- it is so blatantly -- the phrase in here where he says the rich man shrugs his shoulders and says why should i care about other non-rich people. do you really think it's worth perpetuating the notion that people who are successful don't care about people who aren't successful? >> this is a cartoon that uses hyperbole to make a point and it's a
'll be sold with a surcharge to help respect research and education to honor the great man of letters. but there was another political event yesterday on the floor of the senate. that was the absolute reverse of this noble act of veneration. in the presence of a wheelchair-bound war hero, 89-year-old former senator bob dole, members gathered, hoping to ratify a united nations treaty that's based entirely on the americans with disabilities act. it would ensure that people with disabilities are granted the same general rights as anyone else. and it's a treaty that anyone with a modicom of sense and civic fairness would find impossible to oppose, as senator john kerry explained. >> bob dole, why is he here? he's not here because he's here to advocate for the united nations. he is here because he wants to know that other countries will come to treat the disabled the way we do. >> yet incredibly, republican[ç refused to support the treaty. the measure, which required a two-thirds majority failed by a vote of 61-38. it was a shameful episode as senate majority leader made clear after the v
access to education and justice and transportation, all of the services that are essential and guaranteed by our constitution should be part of who we are. nonpartisan bipartisan, the argument that it would undermine united states sovereignty promote abortion, undermine care of children by their own parents, all completely unfounded. i hope that this may sound naive, once more of the truth is known by more of the people who can mobilize those veterans groups, more of the natural constituencies of both parties that we can prevail. >> eliot: look, one thing i know you are not from dealing with you as a lawyer, senator, naive, you are not. i think you're exactly right. let's hope that the light is shaneed on how fella cius their arguments are. senator, continue the fight as you always do. you never quit. senator dick blumenthal. thank you for joining us. >> eliot: will john boehner and mitch mcconnell actually leave this time? coming up next. ice breakers mints. break the ice. question: why are ice breakers mints called mints? answer in a moment. fruit just got cooler. fruit on one side, co
equipment, in r&d, in science education and infrastructure and so forth. the question many people, sir, don't want to consider is where do we get those resources with those enormous debts? i asked our research department if they would make a reasonable prediction of how important interest costs would be if we did nothing, and their estimate without any explosion in interest rates was as follows: within 25 years or so, our interest costs would jump from about 1% of the gdp to 12% of the gdp or roughly four times the total investment made in r&d, science education and infrastructure. and if we ever permit that to happen, we will have assured that we're going to have what i call a slow growth crisis. and that's at least my way of formulating what happens if we don't do anything. but, mike, please, take over. this is your meeting, not mine. >> well, one of the things i don't claim to be here is an economics expert, although it's from a national security standpoint, and i've felt this way for years, that it's not just about the health of our economy, it's around the world, it's the health of eco
, while still being automobile to invest in things -- able to invest in things like education and research and development that are important to our growth, and if we're going to protect middle-class families, then we're going to have to have higher rates for the wealthiest americans, folks like me. >> white house correspondent dan lothian joins us live from washington this morning. nice to have you with us. >> good to see you. >> what's the next move for republicans, dan? >> well, you know, i think republicans are in a difficult spot here. one of the sticking points is this $800 billion in new tax revenue. this is part of speaker john boehner's proposal. it doesn't call for more taxes on the wealthy, but it does call for eliminating some deductions, closing loopholes. nonetheless, there are some conservatives who are pushing back on this. they think that this will hurt job growth and these are conservatives who are backed by the tea party. they're outright rejecting it. what you're seeing here developing is that republicans are not speaking with one voice. >> republicans should not be con
contribution. >> let me ask you one specific question to educate myself as i report on this. your proposal you put forward, more revenue than the president, what about the actual trigger for some of the capping of those deductions, limiting those deductions? is it the $250,000 mark? >> we convert to an 18% credit rather than putting an overall cap on deductions, which governor romney had proposed in the campaign. and i tell you, the reason we did that, having considered it, and bill is one of the leading experts in the country on this question, if you limit deductions, it has a differential effect, particularly on charitable contributions, because for high income taxpayers, that cap on deductions will be eaten up by state and local income tax deductions and what you're doing is socking it to the charitable sector by putting a hard cap on deductions. we thought it was better to equalize the rate by going to a credit system. middle class and higher income people all get 18% deduction rather than a millionaire getting 35 cents on the dollar for a dollar of mortgage interest deduction versus a tea
, he is -- he's a real leader. he's really smart. he's very well educated, has a graduate degree. he was raised all over the world because his parents were both in the military, both of them. and he has these core values. he was elected captain by his teammates as a rookie quarterback early on because he's signified this. i mean, this is a guy who helped put six points on the board after fumbling, a rare fumble, if you saw that play on monday night. >> yeah. >> sort of a weird play. we were all screaming, you know, that was a fumble! because obviously, if it hadn't been, it wouldn't have been six points. mike, he is really a very special character. this is not just spin. >> sam stein, i realize you went to school in the woods up there in dartmouth, but the idea of living in a metropolitan area, washington, d.c., where nearly everyone is obsessed with a single individual, the quarterback of the washington redskins, is incredible. >> andrea says this is not spin, but she's literally spinning. it's unbelievable, she's so happy with this guy. he fumbles correctly, this man walks on water
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